XTI Aerospace Inc (XTIA) Quote

XTIA..................................https://stockcharts.com/h-sc/ui?s=XTIA&p=W&b=5&g=0&id=p86431144783

0.0557 out and lost some money

Might be, but it's on Nadaq not OTC. And they'll reverse first to stay current.

DILUTION SCAM!

IT WILL BE TRADING BELOW .01 AND STUCK IN OTC FOREVER, TILL IT GETS DELISTED...

Investor relations is horrible. It may even be in on the shorting of XTIA.

loading this low may be quite profitable.

0.085 what a low price

XTI Aerospace Forms Corporate Advisory Board
NEWS PROVIDED BY
XTI Aerospace, Inc.
Sep 11, 2024, 09:00 ET

Michael Tapp Named Advisory Board Chairman and Senior Advisor

Newly Formed Advisory Board to Help Evaluate Strategic Opportunities

ENGLEWOOD, Colo., Sept. 11, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) today announced formation of the XTI Corporate Advisory Board and the appointment of Michael Tapp as its Chairman. Mr. Tapp is an operating partner for Palingen Capital, an evergreen holding company that acquires lower middle market businesses from legacy-minded owners. Mr. Tapp will also serve as a Senior Advisor to the Company.

"We have begun an exciting new phase in the growth of XTI Aerospace and we have determined that it is time to evaluate our strategic opportunities to best capitalize on strong demand for the TriFan 600 from industry incumbents," said Scott Pomeroy, Chairman and CEO of XTI. "We believe there is a disconnect between the value of XTI's current stock price and the valuations that have been ascribed to XTI by multiple, credible private parties and Michael Tapp will provide guidance to our Board of Directors through the XTI Corporate Advisory Board as we evaluate our strategic pathways."

"XTI innovations represent an inflection point in private regional, medical and military aviation, and I am excited to be part of the team behind it," commented Michael Tapp, newly appointed Chairman of the XTI Corporate Advisory Board and Senior Advisor to XTI. "I have been tasked with assembling a team of key leaders across the industries that demand the capabilities of the TriFan 600 who will provide insights as we advise the XTI Board of Directors in evaluating its corporate direction as XTI enters the next development phase in furtherance of commercialization."

Mr. Tapp is an operating partner for Palingen Capital and has served in a similar role for HBC Investments, a private equity firm, after almost a decade of leadership roles at Interstate Battery. While at Interstate, he was an officer on the senior executive team, the President of Interstate's multi-unit franchise system, and the President of Interstate's industrial power management business. He also has contributed to the Investment Committee of the SBoTX Foundation as well as to the boards of directors and corporate advisory boards of several growth stage companies with international footprints.

Before joining Interstate, Mr. Tapp held senior executive roles at both operating and private equity organizations while serving on the Executive Committee of the Center for New Ventures and Entrepreneurship at Texas A&M University's Mays School of Business.

Mr. Tapp is an active member of the Young Presidents' Organization (YPO) and the National Association of Corporate Directors (NACD).


https://www.prnewswire.com/news-releases/xti-aerospace-forms-corporate-advisory-board-302243871.html
.

Looks like a first piece of good news

This could moon.

XTIA...HAS A 34C MAGNET UP AHEAD

Interesting.

Corp Update video just posted...

XTIA new 52 week low

What a SCAM

XTIA new 52 week low

.37 The Company is seeking withdrawal of the Registration Statement because it does not plan to pursue a public offering on a Form S-1 Registration Statement at this time. Because the proposed offering of the shares registered under the Registration Statement will not occur, the Company believes that the withdrawal of the Registration Statement is consistent with the public interest and the protection of investors, as contemplated by Rule 477(a) under the Securities Act. The Company confirms that no securities have been sold or will be sold pursuant to the Registration Statement.

XTIA new 52 week low

XTI Aerospace Signs Capital Distribution Agreement for Proposed Investment of up to $55 Million at $275 Million Valuation

Nothing but dilution

XTIA new 52 week low

XTIA new 52 week low

XTIA new 52 week low

XTIA new 52 week low

Do you wonder why XTI is announcing Mesa as shareholder two plus years after it occurred?

XTI Aircraft Company (legacy XTI) bought its TriFan 600 orders, in exchange for XTI warrants and XTI debt as Convertible Notes.

As of December 31, 2021, we received orders for aircraft which generated $2,715,000 of cash from a combination of deposits and convertible notes.

The Company issued common stock warrants in connection with the execution of certain debt financings during the years ended December 31, 2022 and 2021, and in exchange for a conditional aircraft purchase order by a regional airline during 2022.

On February 2, 2022, the Company executed a conditional purchase order with a regional airline customer to deliver 100 TriFan aircraft. In conjunction with this purchase order, the Company issued a warrant for the purchase of a total of 6,357,474 shares of common stock at an exercise price of $0.01. The warrant vests as follows:

• One third (1/3rd) of the warrants vested on February 2, 2022 upon execution of the purchase order agreement;

• One third (1/3rd) of the warrants will vest: (i) in the event that the Company is acquired by a special purpose acquisition corporation (SPAC) and the customer, in its sole discretion, invests a minimum of $10 million in any private investment in public entity (PIPE) consummated in connection with such SPAC transaction, or (ii) upon the occurrence of any other Liquidation Event (as defined in the agreement) resulting in change control of the Company; and

• One third (1/3rd) of the warrants will vest upon acceptance of delivery and final purchase by the customer of the first TriFan aircraft.

As of December 31, 2022, warrants to purchase one-third or 2,119,137 shares were vested. The other two vesting milestones noted above have not yet been achieved. The Company evaluated the warrants determining the warrants are equity classified. Using the Black-Scholes model, the Company determined the grant-date fair value of the warrants was $11,067,091, which the vested portion of $3,652,140 has been recorded as general and administrative expense and additional paid-in-capital for the year ended December 31, 2022.

Do you want too hold your short position? Today conference and:If all conditions are met and the order is fully exercised, it could represent up to approximately $1 billion in revenue for XTI Aerospace. XTI Aerospace also announced that Mesa is an investor in XTI Aerospace, with warrants and a minority stake in common stock shares.

I Never did have any shares of this POS. Was in XERI when they did a JV with XTI. Now they have a BS lawsuit against XTI pre merger. Typical OTC BS. Mesa is a real holding company that may end up with no shares of XTI do to stipulations not being met. Same thing XERI lawsuit is over This has given MESA a boost in SP

Mesa Air Group, Inc. is a Nevada Corporation commercial aviation holding company with headquarters in Suite 700 at 410 North 44th Street in the Camelback East area of Phoenix, Arizona, United States. Wikipedia

Mesa initially received the XTI Warrants in February 2022 in connection with entering into an Aircraft Purchase Agreement with XTI for 100 TriFan 600 aircraft. Mesa’s obligations under the Aircraft Purchase Agreement are subject to customary conditions for transactions of this nature, including FAA certification of the aircraft and future agreement between the parties on a number of terms and conditions, which may or may not be met. Mesa currently holds warrants to purchase another 189,156 shares of XTI Aerospace common stock, which are subject to certain vesting milestones.
https://www.marketscreener.com/quote/stock/XTI-AEROSPACE-INC-46980239/news/XTI-Aircraft-Company-completed-the-acquisition-of-Inpixon-from-a-group-of-shareholders-in-a-reverse-46156923/

MAYDAY

Borger to 2.80s and now sell your shares until the next toxic financing

$XTIA fka $INPX all hogwash toxic Ali finally diluted those bagholders under $1 their main business is selling shares.

Trump used Borgers as well. They are a very large organizations with lots of clients. Not very good. XERI dropped them.

It looks like XTI started using Borgers around the time when the JV with XERI. WhileXERI started using them in 2019. Seems very coincidental to me.


BF Borgers CPA PC
We have served as the Company's auditor since 2021
Lakewood, CO July 7, 2022
https://www.sec.gov/Archives/edgar/data/1638850/000110465922077932/tm2213173d1_partii.htm

/s/ BF Borgers CPA PC
BF Borgers CPA PC
Served as Auditor since 2019
Lakewood, CO September 30, 2020
https://www.sec.gov/Archives/edgar/data/1481504/000147793220005677/banj_10k.htm

I see that the SEC is requiring XTI to file Financials for 2022 & 2023. I see that The audited consolidated financial statements of Legacy XTI for the fiscal year ended December 31, 2022 (the “2022 Audited Financial Statements”) were audited by BF Borgers CPA, PC (“Borgers”).


What are the odds that 2 companies that form a JV and talks of merger have the same CPA . Why did XERI let their CPA go recently when this audit occurred?? They had used the same one for their audits 2020-2023. Don't know when XTI started using them. Just the kind of things that me go HUMMMMMMMMM
I'm sure the replacement was planned and didn't have anything to do with the SEC. LOLOLOL


8-K CURRENT REPORT August 28, 2023
XERIANT, INC.
(a) Dismissal of Registered Public Accounting Firm
Effective August 28, 2023, the Company dismissed BF Borgers CPA PC (“Borgers”) as the Company’s independent registered public accounting firm. The decision to dismiss Borgers was approved by the Company’s Board of Directors.

Effective August 28, 2023, the Company engaged Accell Audit & Compliance, PA (“Accell”), as the Company’s new independent registered public accounting firm. The engagement was approved by the Company’s board of directors.

During the two most recent fiscal years ended June 30, 2021 and 2022, and through the subsequent interim period preceding the Company’s appointment of Accell, neither the Company nor anyone on its behalf, consulted Accell regarding either (i) the application of accounting principles to any specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on the Company’s financial statements, and no written report or oral advice was provided to the Company by Accell that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (iii) any matter that was either the subject of a disagreement (as defined in Item 304(o)(1)(iv)) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).
https://www.sec.gov/Archives/edgar/data/1481504/000147793223006565/xeri_8k.htm





In connection with the XTI Merger, the Company is required to file an amendment to the Current Report on Form 8-K filed with the SEC on March 15, 2024 (the “8-K Amendment”), which 8-K Amendment will include, among other things, (i) the audited consolidated financial statements of Legacy XTI as of and for the years ended December 31, 2023 and 2022 and (ii) Legacy XTI’s Management’s Financial Discussion and Analysis of Financial Condition and Results of Operations for the years ended December 31, 2023 and 2022.



The audited consolidated financial statements of Legacy XTI for the fiscal year ended December 31, 2022 (the “2022 Audited Financial Statements”) were audited by BF Borgers CPA, PC (“Borgers”). On May 3, 2024, the SEC announced that it had settled charges against Borgers that it failed to conduct audits in accordance with the standards of the Public Company Accounting Oversight Board. As part of the settlement, Borgers agreed to a permanent ban on appearing or practicing before the SEC. As a result of Borgers’ settlement with the SEC, the Company’s current auditors, Marcum LLP, have agreed to review and re-audit the 2022 Audited Financial Statements in connection with the filing of the 2022 Audited Financial Statements with the 8-K Amendment. As a result, the Company may be delayed in filing the 8-K Amendment. If the 8-K Amendment is not timely filed, the Company may lose its S-3 eligibility for at least a 12-month period.

Gap filled.

It's at $2

It gives me great pleasure to see Q & Stock fighting over who is the bigger jerk. I've gotta say, Q has the inside track. At least Stock has an occasional grip on reality.

Much more likely the other way around as the volume occurs in the normal session.

Gaps near always get filled.

My grandma had a gap, but Ma never reverted to granny.
After hours goes up after being manipulated down.
I don't believe in gaps. Just me............

That's where the gap is.

but looks like it's headed back to $2

Psssst, keep hoping. 🤣

Neither, but looks like it's headed back to $2.

Short this ticker~? Oh well.

Wow. You're a hero. Good job saving the world like a socialist leftie you hate. You're an asset to the iHub community!

You'd say it, "Your a hero."
And, "Your an asset."
But google translate helps us lefties (lol) interpret newbie socialist converts like you. Thanks for signing up to save the world.

ditto lol.

maybe better to keep the XERI topics on that board. The XTIA topic to this board.

XERI is tied to XTI and I told you only have 3 post on XERI. New XTIA investors need to know this is a 12 year old SCAM also.

But you're here at XTIA board thinking its the XERI board, to help newbie XERI investors as you root for another's failure.

emotionally disturbed magademnnut

I gave your opinion some respect in the beginning before I realized what a left wing AH you are. I was pointing out things about this SCAM that you couldn't see. Right then I DUPED you into holding while I dumped my shares. You were so easily manipulated. I now understand why you have stayed in this POS.

I remember one of those saying I felt bad because I was going to expose this SCAM for what it was. Now I glad you didn't listen and stayed in.

"listened to what I was putting out." You first wrote to me via private message asking for my assistance with my opinion about Duffy and Xeriant, if something was off. You were duplicitous. without mention you were selling. Now you're on the XTIA board about it. You've won. And you act like you've lost huge demanding respect that's right there for you at home.

I made that because I spotted all the tells of this SCAM. Still think it's about you and debating your DA. No it's still about showing what a SCAM this is for those that listen to the PUMP on this board. Have stayed here because the more insults you and others hurled only made me more determined to prove I was right about this SCAM. Yea lets see how great you are when you lose your ass here. Oh wait that's already happened. Maybe you should have listened to what I was putting out. You might not have become such a big loser.

No, I say it because you appropriate, and come off like you came up with ideas and understanding that you then use to claim how great you are. A true chump.

You never said Xeriant would get any equity. See how you change up? You said stock. I said equity.

You're a nut man. You tell me off, yet then still want to debate a contract clause.

You won $1M here on XERI, and you're still losing. Check yourself dude.

Kiss your wife, and be thankful.

Right about what? What is it you need to win to be right about?

I know how to read and understand Section 5,2.

You read it and make sh't up from it.

You don't even know XTI Aircraft owes Xeriant $5.4 Million dollars.

You don't even know XTI Aircraft has stated it owes Xeriant $5.4 Million dollars in its stock.

Being a financial liability, cash works too.

In this case the equity = cash.

Whether XTI Aircraft pays its liability... that's where you come in. But you ignore everything else. Too proud to think.

Fact.